INDIA - Luxury travel new craze among millionaires

indiatimes.com, 19 September 2007

If luxury is about indulging, sans the boundaries, then owning a private jet or yacht is the ultimate in luxury travel for the Indian millionaires.
Luxury travel has arrived in India and is moving very fast— from speedboats to luxury yachts, from small four-seater aircraft to bigger brands. Indian corporate houses—Reliance Industries , Videocon, UB Group, Raymond, GMR, Bharat Hotels, Taj Air, Oberoi et alare all buying private jets such as Falcons, Cessnas, Bombardiers, Beech Kings and Gulfstreams in large numbers. The new-age Indian traveller wants to travel not only in comfort but also save time, and at his convenience. With money not being the deciding factor, orders for private jets shot up to more than 45 last year while nearly 100 new yachts are expected to enter the India market this year.

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